Direct Loan Canada Blog

J.M. Smucker said on Monday it will buy Twinkies-maker Hostess Brands in a US$5.6-billion deal, as major U.S. packaged food companies look to expand their brand portfolios with pandemic-era fortunes dwindling.
Source: ctv business
J.M. Smucker to buy Twinkies-owner Hostess Brands in US.6-billion deal

French President Emmanuel Macron witnessed the signature of a deal Monday to facilitate loans to Bangladesh aimed at infrastructure development, as well as a letter of intent to provide the South Asian country with an earth observation satellite system.
Source: ctv business
France, Bangladesh sign deal to provide loans, satellite technology during Macron’s visit to Dhaka

Though Canadian flights have long been dominated by Air Canada and WestJet, the emergence of newer carriers including Flair Airlines and Lynx Air has shaken up the sector, injecting fresh competition to a once-complacent market.
Source: ctv business
Airline competition ramps up, setting stage for showdown and reducing (some) fares

A second B.C. real estate agent has been ordered to pay more than $30,000 for failing to notify his clients about an impending special levy before they purchased a condo in White Rock.
Source: ctv business
K fine for B.C. real estate agent who failed to warn clients about special levy before condo purchase

A comparison of prices at Dollarama and Loblaws in Toronto recently went viral online, showing a handful of food items cost double – or more – at the big box grocer.
Source: ctv business
Some Loblaws prices are double Dollarama’s – here’s why

Stocks edged higher on Friday, but not by enough to keep Wall Street from closing out its first losing week in the last three.
Source: ctv business
Stock market today: Wall Street closes its worst week in the last 3 with a quiet finish

Unifor says 54 workers with Jazz Aviation in Newfoundland and Labrador are losing their jobs because of service changes by Air Canada.
Source: ctv business
Air Canada schedule changes lead to 54 job cuts in Newfoundland and Labrador: union

Workers at Chevron’s liquified natural gas facilities in Australia have begun to walk off the job in a dispute that threatens as much as 7% of global supplies and could add to rising pressure on energy prices.
Source: ctv business
Chevron Australia workers begin strike, threatening global LNG supply

LGBTQ2S+ dating app Grindr ended its remote work policies and forced employees to relocate. Nearly half of its staff left.
Source: ctv business
Dating app Grindr loses nearly half its staff after trying to force a return to office

U.N. Secretary-General Antonio Guterres on Friday urged the Group of 20 top economic powers, which are responsible for more than 80 per cent of the emissions that cause global warming, to use their weekend summit to send a strong message on climate change.
Source: ctv business
UN secretary-general has urged the Group of 20 leaders to send a strong message on climate change